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Dogecoin (DOGE) price has dropped below a crucial support level amid a surge in selling pressure. At press time, Dogecoin traded at $0.086 after a 1.82%
Dogecoin price risks a 60% crash toward $0.033 as a bear flag breakdown and rising wedge signal further downside for DOGE.
Dogecoin (DOGE) approaches the previously broken ascending trendline on Friday after double-digit losses so far this week. The bearish pressure is intensifying as some whales offload DOGE tokens. Meanwhile, weakening technical momentum indicators suggest further correction in the meme coin.